United Trust Bank merges residential, buy-to-let and bridging divisions

United Trust Bank (UTB) is bringing together its mortgages, buy-to-let and bridging teams to create one combined division. 

The new combined division will be led by Buster Tolfree (pictured) who has been with the Bank for 11 years.

UTB will also further enhance its digital investment to provide more speed and efficiencies. Once complete, brokers will be able to submit residential mortgage, buy-to-let and bridging proposals through a single portal.

The mortgages and bridging sales teams will work more closely together with a focus on continuing to build new and develop existing broker relationships. 

Closer collaboration between the buy-to-let and bridging offerings will maximise the symbiotic nature of the two products in the wider market, with opportunities for UTB to further develop the amount of bridging business currently exiting to a buy-to-let mortgage. 

Various new appointments will be announced in due course, and Sundeep Patel will be leaving the Bank to explore new opportunities.

Mark Stokes, chief commercial officer at United Trust Bank, said: “This is an exciting evolution of UTB’s offering and service proposition to mortgage and bridging intermediaries which will deliver significant benefits to brokers and customers and drive future growth. We will continue to compete at the highest levels on service and price and ensure our business is scaled to meet growing demand and underlines why United Trust Bank is an award-winning bank.”